Senior China diplomat says door for trade dialogue with U.S. still open

China’s door of dialogue with the United States on bilateral trade frictions remains open, State Councillor Wang Yi said on Monday, reiterating that Beijing does not want a trade war.

Wang, speaking at a joint press briefing with visiting UK Foreign Secretary Jeremy Hunt, said China and the U.S. should resolve trade frictions through the World Trade Organization framework.

Wang also reiterated Beijing’s stance that the root cause of the current trade imbalances between the world’s top two economies lies with the United States, adding that the United States has reaped huge profits from China.